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☆ Factbox: The complexity of transforming rare earths from mine to magnet
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +3 min

China accounts for about 60% of global rare earth mine production, but its share jumps to 85%-90% of processed rare earths and magnet output. The ore contains a small percentage of rare earths, but other minerals are removed through flotation, magnetic or electrostatic processing to produce a mixed rare earth concentrate that often contains 60% to 70% rare earths. So-called light and heavy rare earths must go through different separation circuits where individual rare earths are extracted. METALS/ALLOYSSeparated rare earth oxides or carbonates are then refined into rare earth metals. Small amounts of rare earths dysprosium and terbium are often added to create more heat resistance in the magnet.

Persons: Steve Marcus, Goldman Sachs, Eric Onstad, Susan Heavey Organizations: REUTERS, Thomson Locations: Pass , California, U.S, China

☆ The UK once vowed to be a global climate leader. Now Rishi Sunak is stoking a culture war on green policies
▼ + stars: | 2023-08-01 | by ( Rob Picheta | ) edition.cnn.com time to read: +8 min

Since becoming prime minister, critics say he has diminished the UK's standing as a leader on the climate. A Just Stop Oil protester disrupts a match at July's Wimbledon Championships. Foreign Office minister Zac Goldsmith resigned in June, lambasting Sunak’s climate policies. A North Sea oil rig off the coast of Scotland. Sunak's decision to expand drilling in the North Sea was criticized by climate experts.

Persons: Boris Johnson, Queen Elizabeth II, Rishi Sunak’s, Sunak, DANIEL LEAL, ” Luke Murphy, they’ve, Murphy, ”, “, We’ve, ” Murphy, Steve Tuckwell, Tuckwell, Hannah Mckay, Grant Shapps, Keir Starmer, ” Tim Bale, “ Uxbridge, ” Bale, Sadiq Khan, Khan nodded, Rishi Sunak, Zac Goldsmith, Chris Skidmore, ” Skidmore, – Organizations: London CNN, Telegraph, Getty, CNN, Conservative Party, Conservatives, Labour Party, July's Wimbledon, Reuters, Energy, Queen Mary University in, “, Office, National Statistics, London’s, Foreign, Conservative, Uxbridge Locations: Britain, Glasgow, North, Sunak, Uxbridge, London, Queen Mary University in London, Europe, lambasting, Scotland

☆ F1 Academy: All 10 F1 teams to have drivers and liveries for 2024 season in all-female single-seater series
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: +2 min

Formula 1 Academy 2023 drivers line up for a group photo at the Red Bull Ring on April 27, 2023 in Spielberg, Austria. All 10 current Formula 1 teams will have one driver and have their livery on a car competing in the all-female F1 Academy from 2024. F1 Academy has five teams — ART Grand Prix, Campos Racing, MP Motorsport, PREMA Racing and Rodin Carlin — with three cars per team to make up a 15-driver grid. From next year, 10 of these drivers will be nominated by Formula 1 teams and each team will have their livery on one car. In 2024 the F1 Academy will join our race calendar, raising the awareness and profile of the series globally and to have the F1 liveries on the grid will be something very special."

Persons: Campos, PREMA Racing, Rodin Carlin —, Susie Wolff, Stefano Domenicali, Susie, Paul Ricard, Marta Garcia, Hamda Al Qubaisi, Lena Buhler, Garcia Organizations: Academy, F1, Prix, Campos Racing, Motorsport, Formula, F1 Academy, Circuit, F1 United States, Monza Locations: Spielberg, Austria, Americas, Hamda

☆ A Ukrainian MP is being investigated for calling in sick during the war, and then showing up in the Maldives with his wife and kids
▼ + stars: | 2023-07-27 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

A Ukrainian lawmaker is under investigation after he was found vacationing in the Maldives. He left Ukraine in June on a trip to Poland, and called in sick while abroad on July 10, per officials. He and his family were then discovered to be staying at the Waldorf Astoria, authorities said. Aristov then called in sick on July 10, remotely registering with a private medical institution in Kyiv, the bureau said. The Ukrainian authorities raided Aristov's apartment and seized his passport, publishing a YouTube video showing immigration stamps for the Maldives dated July on the passport.

Persons: Yuriy Aristov, Aristov, Dave Pynt, Ruslan Stefanchuk, Volodymyr Zelenskyy, Mykola Tyshchenko, Tschenko, Stefanchuk Organizations: Waldorf, Service, Bureau of Investigation, State Bureau of Investigation, Michelin, Journalists, Slidstvo.info, holidaying, Facebook, People, Ukraine's Ministry of Foreign Affairs Locations: Maldives, Ukraine, Poland, Wall, Silicon, Ithaafushi, Ukrainian, Kyiv, Maldivian, Ukraine's, Aristov, Thailand

☆ Putin new bodyguard incudes thousands of elite special forces, tanks and warplanes to make him 'coup-proof,' analyst says
▼ + stars: | 2023-07-23 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Putin has reinforced his National Guard with elite special forces, arming them with tanks and warplanes. The move is seen as making the Kremlin "coup-proof," an analyst told The Telegraph. The National Guard, created by Putin in 2016, has 320,000 men and reports directly to him rather than the Ministry of Defense. An MP for Putin's United Russia party Alexander Khinshtein said that Putin has personally ordered the Interior Ministry's 7,000-men-strong Grom special forces unit to move under its command. "Putin is straightening the special forces' command and control after Prigozhin's mutiny," he said.

Persons: Putin, Wagner, Vladimir Putin, It's, Putin's, Viktor Zolotov, Alexander Khinshtein, Ben Noble, Andrei Soldatov, John Hardie, Zolotov, Grom Organizations: National Guard, Telegraph, Service, British, The Telegraph, Ministry of Defense, Putin's United, Interior, Praetorian Guard, Politics, University College London, Foundation for, Defense of Democracies Locations: Russian, Wall, Silicon, Putin's United Russia, Russia, Belarus

☆ A storied cathedral protected by the UN in Ukraine's key port city of Odesa has now been bombed twice — once by Putin and once by Stalin
▼ + stars: | 2023-07-23 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A Russian missile strike clobbered a Ukrainian cathedral in Odesa, killing one and injuring 19. The strike in the port city of Odesa early Sunday morning left one dead and injured 19 others. Photos from Reuters showed the devastation in the Spaso-Preobrazhenskyi Cathedral — also known as the Transfiguration Cathedral — which is Odesa's largest church building. An interior view shows the Transfiguration Cathedral damaged during a Russian missile strike on Odesa, Ukraine. The destruction of the key port city is a tactic, according to Oleksiy Honcharenko, a Ukrainian MP from Odesa.

Persons: Joseph Stalin, Oleh Kiper, —, Nina Liashonok, Andriy Palchuk, Palchuk, Oleksiy, Odesa, Honcharenko, Volodymyr Zelenskyy, Zelenskyy Organizations: Russian, UNESCO, Service, Ukrainian, Reuters, Guardian, Twitter, Odesa Locations: Ukrainian, Odesa, Soviet, Wall, Silicon, Russian, Preobrazhenskyi, Ukraine

CNN —A wave of deadly protests has hit Kenya as anger over tax hikes and the cost of living spilled into the streets. Brian Inganga/APHowever, 10 months after being sworn into office, the cost of living has continued to rise, and the raft of new tax hikes have only made living conditions worse. But many Kenyans are unhappy about these policies that continue to worsen the country’s cost of living crisis. There’s a very high cost of living, and they already have many levies and taxes on their pay slips. The opposition leader Raila Odinga and his Azimio la Umoja (One Kenya) coalition have led calls for protests over hikes.

Persons: WIlliam Ruto, Here’s what’s, Herman Manyora, Ruto, Brian Inganga, he’s, ” Manyora, ”, Nagudi, “, Raila Odinga, Odinga, Opiyo Wandayi, lobs, Thomas Mukoya, Moses Odhiambo Organizations: CNN, UN, Veteran, AP, Kenyan, CNN . Riot, Reuters, Kenya Locations: Kenya, Nairobi, Mathare, COVID, Mlolongo, Machakos county

☆ British Prime Minister Rishi Sunak braced for defeats in key elections
▼ + stars: | 2023-07-20 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

Sunak, a former finance minister and investment banker, has cultivated an image as a technocrat who can solve complex policy challenges. About two-thirds of voters currently have an unfavourable view of Sunak, the poll found. The betting odds suggest the Conservatives will lose all three elections, even though the party won large majorities in two of them in 2019. In Somerton and Frome in southwest England, the opposition Liberal Democrats are hoping to overturn a Conservative majority of 19,213. Asked if the prime minister was confident of winning the three seats, a spokeswoman for Sunak said by-elections were historically difficult for governments, and the contest that the Conservatives were most focused on was the general election.

Persons: Rishi Sunak, Boris Johnson, Sunak, Andrew MacAskill, Elizabeth Piper, Alex Richardson Organizations: Labour, Labour Party, Conservatives, Liberal Democrats, Conservative, Thomson Locations: Downing, Selby, Ainsty, England, Somerton, Frome, Uxbridge, South Ruislip, London

☆ Two Singapore lawmakers resign after admitting to 'inappropriate relationship'
▼ + stars: | 2023-07-17 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Lee Hsien Loong, Singapore's prime minister and leader of the People's Action Party (PAP), walks and talks with people in Singapore on Saturday, Sept. 5, 2015. Singapore's government was dealt a further blow on Monday, following the resignations of two lawmakers from the ruling party who admitted to an "inappropriate relationship" with each other. "Besides Mr Tan's recent unparliamentary language used, there is also the issue of his inappropriate relationship with fellow PAP MP Ms Cheng Li Hui. This is, in comparison, the more serious matter because he was the Speaker and she an MP, and there should not have not been a relationship," said Prime Minister Lee Hsien Loong during a press conference on Monday. Sudden resignations of senior PAP party members are rare in Singapore, where the ruling party has been in power since 1959, before the city-state's independence in 1965.

Persons: Lee Hsien Loong, Tan Chuan, Jin, Cheng Li Hui, Tan's, Ong Beng Seng, Iswaran, Lee, CPIB Organizations: People's Action Party, Party Locations: Singapore

☆ UK Defense Minister Wallace to step down as lawmaker at next election
▼ + stars: | 2023-07-16 | by ( ) www.cnbc.com time to read: +2 min

British defense minister Ben Wallace will not stand as a member of parliament (MP) in the next UK national election, and will leave government when Prime Minister Rishi Sunak carries out his next cabinet reshuffle, he told The Sunday Times newspaper. He has been defense secretary for four years, helping lead Britain's response to Russia's invasion of Ukraine. The newspaper said Wallace told Sunak his plans on June 16 but had hoped to make the announcement over the summer before leaks forced his hand. In the interview, Wallace said his greatest concern was the danger of military conflict with Russia, accidental or otherwise. Whether it is a cold or a warm conflict, I think we'll be in a difficult position," he said.

Persons: Ben Wallace, Rishi Sunak, Wallace, I'm, Sunak, Jens Stoltenberg, Putin, He's, he's Organizations: Sunday Times, Conservative, Preston North, Sunak, NATO Locations: Wyre, England, Ukraine, Britain, Russia

☆ How the Russian officer elite has been decimated in Ukraine — here are the generals and top commanders killed in action
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | Nathan Rennolds | ) www.businessinsider.com time to read: +16 min

Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Andrey KolesnikovUkraine's military said in a tweet that they killed Russian Maj. Gen. Andrey Kolesnikov. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022.

Persons: , Oleg Tsokov, Andrei Sukhovetsky Maj, Andrei Sukhovetsky, Sukhovetsky, Vitaly Gerasimov Maj, Vitaly Gerasimov, Alexander Nevsky, Andrey Kolesnikov Ukraine's, Andrey Kolesnikov, Oleg Mityaev Russia, Oleg Mityaev, Anton Gerashchenko, Andrei Mordvichev, Oleksiy Arestovych, Ramzan Kadyrov, Yakov Rezantsev, Illia Ponomarenko, Zelenskyy, Rezantsev, Dmitry Safronov Ukraine's, Dmitry Safronov, Denis Glebov, Glebov, Courage, Konstantin Zizevsky, Mikhail Vedernikov, Yuri Agarkov, Agarkov, Andrei Zakharov, Sergei Porokhnya, Gleb Garanich, Reuters Magomed, Magomed Tushaev, Putin, Vladimir Zhonga, Vladimir Zhoga, Sergei Sukharev, Sergei Krylov, Sukharev, Alexei, Alexei Sharov, Sharov, Sergey Bratchuk, Dmitry Dormidontov, Dmitry Pavlovich Dormidontov, Igor Zharov, Igor Igoshin, Zharov, Denis Kurilo, Kurilo, Anton Kuprin, Kuprin, Anton Gerashenko, Stringer, Denis Mezhuev, Vladimir Petrovich Frolov Maj, Gen, Vladimir Petrovich Frolov, Alexander Beglov, Fontanka, Miras, Miras Bashakov, Ivan Grishin, Vyacheslav Savinov, Savinov, Metin Aktas, Denis Kozlov, Kozlov, Andrei Simonov, Simonov, Roman Kutuzov Major, Roman Kutuzov, Alexander Sladkov, Tsargrad, Roman, Roman Berdnikov, Kutuzov, Volya, Kanamat, Botashev, Artem Nasbulin Maj, Artem Nasbulin, Serhiy Bratchuk, Tsokov, Михаил Ведерников Organizations: UK Defence Ministry, Service, British Defence Ministry, West, Storm, Russian, 7th Airborne Division, Combined Arms Army, Russian Federal Security Service, Arms Army, Interior Ministry, The New York Times, 8th General Army, Southern Military District of, Armed Forces, Twitter, Telegraph, Dmitry Safronov Ukraine's Ministry of Defense, Separate Marine Brigade, Russian Armed Forces, Ukraine's Defense Ministry, Airborne, 247th Guards Air Assault Regiment, Luhansk People's, 56th Air Assault Brigade, Guardian, 12th Engineer Brigade, Russian Armoured, Carrier, Reuters, The Daily Mail, Forces, Sparta Battalion, Donetsk People's, Daily Mail, 331st Guards Parachute, Ukraine, Ukraine's, Strategic Communication, Information Security, The Independent, 810th, Zhukov Brigade, Russian Marines, Evening, Local, 200th, Rifle Brigade, Black, Fleet, Russian Federation, Ukrainian, New York Times, 1st Guards, Banner, The Times, Kremlin, 8th Army, Aircraft Missile Brigade, Armed Forces of, Russian Missile Troops and Artillery, Russian Forces, Anadolu Agency, Getty, Separate Guards Engineers of Keningsbersko, Red Banner Brigade, Courage, Russian 2nd Army, Presidential, Russian Air Force, BBC, High Mobility Artillery, Southern Military District Locations: Russia, Ukraine, Wall, Silicon, Russian, Kharkiv, Mariupol, Chornobayivka, Kherson Airport, London, Yakov Rezantsev Ukraine, Kyiv, Chornobaivka, Ukrainian, Chuhuiv, Donbas, Donetsk, Luhansk, Pskov Region, Andrei Zakharov Ukraine, Ufa, Nova Husarivka, Chechen, Hostomel, Russia's Chechnya, Donetsk People's Republic, Volnovakha, Kostroma, Tatarstan, Pechenga, Sevastopol, St, Petersburg, St . Petersburg, Armed Forces of Ukraine, Izium, Kharkiv Oblast, Izyum, Ukraine's Donbas, Severodonetsk, Kherson, Berdyansk

☆ UK defence minister Wallace to step down as lawmaker at next election
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +2 min

Summary Wallace has been defence minister for four yearsHelped lead UK response to Russia's invasion of UkraineWallace warns Britain faces more conflict this decadeLONDON, July 15 (Reuters) - British defence minister Ben Wallace will not stand as a member of parliament (MP) in the next UK national election, and will leave government when Prime Minister Rishi Sunak carries out his next cabinet reshuffle, he told The Sunday Times newspaper. He has been defence secretary for four years, helping lead Britain's response to Russia's invasion of Ukraine. The newspaper said Wallace told Sunak his plans on June 16 but had hoped to make the announcement over the summer before leaks forced his hand. In the interview, Wallace said his greatest concern was the danger of military conflict with Russia, accidental or otherwise. Whether it is a cold or a warm conflict, I think we’ll be in a difficult position," he said.

Persons: Wallace, Ukraine Wallace, Ben Wallace, Rishi Sunak, I'm, Sunak, Jens Stoltenberg, Putin, ” Wallace, “ He’s, he’s, James Davey, David Holmes, Christina Fincher Organizations: Sunday Times, Conservative, Preston North, Sunak, NATO, Thomson Locations: Ukraine, Wyre, England, Britain, Russia

☆ Beware of these possible blowups this earnings season, Wolfe Research warns
▼ + stars: | 2023-07-13 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

"Our quarterly earnings quality (EQ) score is an objective way to identify potential accounting related short ideas and as a risk tool to avoid potential blow-ups in the portfolio," Senyek said. CNBC pulled six stocks from the Wolfe list across a range of sectors. Rivian made the list with an earnings quality score of just 3. Shockwave Medical , meanwhile, fits on the Wolfe list due to issues pertaining to cash flow constraints and research and development amortization. In consumer staples, Dick's Sporting Goods is on the Wolfe list with a rating of 9 out of 100.

Persons: Wolfe, Chris Senyek, Senyek, Rivian, Morgan Stanley, Dick's, — CNBC's Michael Bloom Organizations: CNBC, FactSet, Shockwave, ShockWave, Centers, Medicare, Medicaid Services, Sporting Goods, Lucid

Among the best Prime Day deals around, the 512GB model of Samsung's premier flagship phone, the Galaxy S23 Ultra, is now available at a $400 discount for an all-time low price of $979.99 at Amazon. Samsung is also offering $350 off the 256GB Galaxy S23 Ultra and the standard Galaxy S23 is $200 off too. Check out our full guide to the best Prime Day phone deals. Typically, the 512GB version of the S23 Ultra will cost you $1,380, which makes this $400 Prime Day discount an exceptional value. Like the Galaxy S23 and Galaxy S23 Plus, the Galaxy S23 Ultra uses the top Android processor currently available, the Snapdragon 8 Gen 2, in a version that is specially optimized to grant Galaxy S23 phones added performance.

Persons: it's Organizations: Galaxy, Samsung

Among the best Prime Day deals around, the 512GB model of Samsung's premier flagship phone, the Galaxy S23 Ultra, is now available at a $300 discount for an all-time low price of $1,079.99 at Amazon. One of the best Android phones you can buy, the Galaxy S23 Ultra boasts an unrivaled four-camera system, and this Prime Day discount beats this model's previous lowest listing by $45. Typically, the 512GB version of the S23 Ultra will cost you $1,380, which makes this $300 Prime Day discount an exceptional value. The Galaxy S23 Ultra comes with a built-in S-Pen stylus, which you can use to precisely edited photos on the phone's large 6.8-inch screen, which runs at a smooth 120Hz on an OLED display. Like the Galaxy S23 and Galaxy S23 Plus, the Galaxy S23 Ultra uses the top Android processor currently available, the Snapdragon 8 Gen 2, in a version that is specially optimized to grant Galaxy S23 phones added performance.

Persons: it's Organizations: Galaxy, Samsung

☆ The chip wars are heating up. This Chinese stock rose 30% in five days
▼ + stars: | 2023-07-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

China is starting to show what sway it has in the semiconductor supply chain, and stocks are only starting to react. About a week ago on July 3 , China's Commerce Ministry announced export restrictions on germanium and gallium would take effect on Aug. 1. WestSummit claims about 20 billion yuan ($2.77 billion) in assets under management. China's latest export curbs follow sweeping U.S. export restrictions in October to limit Chinese businesses' access to advanced semiconductor technology. One of Delta's investments, Shanghai New Vision Microelectronics, raised just over 1 billion yuan in an initial public offering on Shanghai's Star board on June 1.

Persons: Bo Du, Du, WestSummit, Greg Ye, Ye, Wei Jianguo, Wei didn't, Brian Tycangco, Tycangco Organizations: China's Commerce Ministry, . Geological Survey, WestSummit Capital Management, CNBC, Delta Capital, Shanghai New Vision Microelectronics, Shanghai's Star, Stansberry Research, Materials, Earth Holdings Locations: China, Yunnan, U.S, Shenzhen, Shanghai, Washington, Beijing

☆ China's chipmaking export curbs 'just a start', Beijing adviser warns before Yellen visit
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +6 min

Shares in some Chinese metals companies rallied for a second session as investors bet that higher prices for gallium and germanium, which Beijing's export restrictions target, could boost revenues. China is the world's biggest producer of rare earths, a group of metals used in EVs and military equipment. Asked about the metals export curbs, Chinese foreign ministry spokesman Wang Wenbin said on Wednesday the government's actions were reasonable and lawful. WARNING SHOTSome larger chip manufacturers view China's export controls on gallium as more of a warning shot about what economic pain the country could inflict. China's germanium ingot was priced at 9,150 yuan per kg on Tuesday, also flat on the day and on the week, Refinitiv data showed.

Persons: Janet Yellen, Wei Jianguo, Wei, Yellen, Biden, China's, Wang Wenbin, Wang, Gecamines, Belgium's Umicore, Xi Jinping, Eikon, Brenda Goh, Amy Lv, Tian, Nick Carey, Muralikumar Anantharaman, Jacqueline Wong, Catherine Evans Organizations: Treasury, Thursday Analysts, Washington, Commerce, China Daily, China Center for International Economic, Independence, Analysts, Micron, Global Times, Union, Benchmark Mineral Intelligence, AMS, Democratic, Shanghai Cooperation Organisation, Shanghai Metal Exchange, Beijing, Thomson Locations: Beijing, China, BEIJING, SHANGHAI, U.S, Japan, Netherlands, United States, Swiss, Teck Resources, North, Democratic Republic of Congo, Russia, Washington, Yunnan, London

☆ Explainer-China's rare earths dominance in focus after mineral export curbs
▼ + stars: | 2023-07-05 | by ( Mai Nguyen | ) www.reuters.com time to read: +5 min

WHAT ARE RARE EARTHS AND HOW ARE THEY USED? The chemical properties of rare earths make them difficult to separate from surrounding materials, and processing generates toxic waste. Lax environmental standards enabled China to build its dominance in rare earths in recent decades as Western producers left the industry. Western countries have ramped up support to boost domestic production of critical minerals including rare earths. Electric vehicle maker Tesla is moving away from rare earths in future models to mitigate environmental and supply risks, as the rare earth industry struggles to meet demand.

Persons: Florence, Lynas Organizations: Reuters, REUTERS, United States Geological Survey, Adamas Intelligence, United, RARE, European Union, World Trade Organization Locations: China, Japan, Beijing, CHINA, United States, Australia, Myanmar, Thailand, Vietnam, Russia, Brazil, India, Canada, Las Vegas, California

☆ China's rare earths dominance in focus after it limits germanium and gallium exports
▼ + stars: | 2023-07-05 | by ( Mai Nguyen | Thomson Reuters | Mai Reports On The Nonferrous Metals Markets In Asia. She Writes About Daily Price Movers | ) www.reuters.com time to read: +5 min

Exports: Chinese exports of rare earths have declined. Beijing then curbed global exports of rare earths, saying it was trying to curtail pollution and preserve resources. The chemical properties of rare earths make them difficult to separate from surrounding materials, and processing generates toxic waste. Western countries have ramped up support to boost domestic production of critical minerals including rare earths. Electric vehicle maker Tesla (TSLA.O) is moving away from rare earths in future models to mitigate environmental and supply risks, as the rare earth industry struggles to meet demand.

Persons: Lynas, Mai Nguyen, Melanie Burton, Dominique Patton, Tony Munroe, Barbara Lewis Organizations: United States Geological Survey, Adamas Intelligence, United, RARE, European Union, World Trade Organization, Thomson Locations: China, Japan, Beijing, CHINA, United States, Australia, Myanmar, Thailand, Vietnam, Russia, Brazil, India, Canada, Las Vegas, California, Hanoi, Melbourne

☆ Options Action: Traders placing bullish bets on MP Materials
▼ + stars: | 2023-07-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Traders placing bullish bets on MP MaterialsKevin Kelly, Kelly Intelligence CEO, joins the Options Action traders and CNBC's Melissa Lee to talk MP Materials.

Persons: Kevin Kelly, Melissa Lee Organizations: Kelly Intelligence

☆ Dilano van ’t Hoff: Dutch race car driver, 18, dies after crash during race in Belgium
▼ + stars: | 2023-07-01 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Dutch driver Dilano van ’t Hoff, 18, died Saturday as the result of a crash during the second Formula Regional European Championship by Alpine (FRECA) race at Spa-Francorchamps in Stavelot, Belgium, according to a statement from his team MP Motorsport. “We are devastated at the loss of one of our brightest Dutch talents, who brought so much energy to our team during the years he raced with us,” a team statement read. The 18-year-old Dutch driver joined MP Motorsport in 2021. FIA, motorsport’s governing body, confirmed the news and sent its “condolences to the family and friends of Dilano van ‘t Hoff and to the MP Motorsport Team” in a statement on Saturday. “We are so sad to learn of the passing of Dilano van ‘t Hoff today at Spa-Francorchamps,” he said in a statement.

Persons: Dilano van, Hoff, ”, Dilano’s, Van ’, Pablo Guillen, Stefano Domenicali, “ Dilano, Carlos Sainz, Anthoine Hubert Organizations: CNN, Regional, Spa, Motorsport, Zuma, Formula, FIA, MP, ., Prix, Twitter Locations: Stavelot, Belgium, FRECA, Spa, ”, Austrian

☆ There's blood in the water after Prigozhin's revolt shattered the façade of Putin's invincibility
▼ + stars: | 2023-06-29 | by ( Jason Corcoran | ) www.businessinsider.com time to read: +13 min

It represented the most significant affront to President Vladimir Putin's 23-year reign. It has also fed paranoia and put a spotlight on Aleksey Dyumin, Putin's ex-bodyguard turned governor. A brief and ultimately aborted attempt at a coup d'état by Russian mercenary chief Yevgeny Prigozhin represented the most significant affront to President Vladimir Putin's 23-year reign. President Vladimir Putin (L) and Aleksey Dyumin, the governor of Tula and Putin's former personal bodyguard, in Moscow in 2016. Russian President Vladimir Putin (R) and Tula Governor Aleksey Dyumin visit Russian writer Lev Tolstoy's former home in 2016.

Persons: Yevgeny Prigozhin, Vladimir Putin's, Aleksey Dyumin, Putin's, —, Vladimir Putin —, Prigozhin, Vladimir Fesenko, trundling, Sergey Shoigu, Valery Gerasimov, There's Prigozhin, Wagner, Putin, Belarus —, defenestration, Dyumin, Shoigu, Vladimir Putin, Mikhail Svetlov, Igor Girkin, Alexander Lukashenko —, Dyumin's, Dmitry Peskov, Boris Yeltsin, Viktor Yanukoyvch, Girkin, Andrei Gurulyov, Russia's, Lev Tolstoy's, Tatiana Stanovaya, Alexandra Prokopenko, Prokopenko, Sergei Surovikin, Surovikin, Viktor Zolotov, Zolotov, Alexander Lukashenko, Chris Weafer Organizations: Service, Kremlin, Kommersant, Angry Patriots, Russia's First Channel, Prigozhin, Carnegie Russia Eurasia Center, Central Bank, Washington Post, New York Times, Defense Ministry, Moscow Times, National Guard, Ministry, Macro Locations: Russian, Russia, Rostov, Ukraine, Moscow, Voronezh, Lipetsk, St, Petersburg, Minsk, Belarus, Russia's Tula, Kremlin, Tula, Dyumin's Tula, St Petersburg, Prigozhin, Crimea, Berlin, Novosibirsk, Osipovichi, Africa, Syria

☆ Trump Real Estate Deal in Oman Underscores Ethics Concerns
▼ + stars: | 2023-06-20 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

“It’s too hot — too hot,” said Mathan Mp, 38, who is from Tamil Nadu, the southernmost state of India, said as he took a break from supervising dozens of workers at the project site. Executives at DarGlobal, Dar Al Arkan and the Trump Organization declined to comment. The few remaining residents do not know a great deal about Mr. Trump, having only a general impression of him as a rich businessman and politician. “Trump — he is your king from America,” Mr. Talbi said, after inviting a visitor to his village inside to an air-conditioned room to sit on the floor and share a pot of tea. “Welcome to Oman.”

Persons: “, ”, Dar Al Arkan, Trump, Htim Talbi, “ Trump, ” Mr, Talbi Organizations: Mathan, Trump Organization, Trump, Mr Locations: Tamil Nadu, India, DarGlobal, Yiti, America, Oman

☆ Boris Johnson: UK Parliament approves report that Boris Johnson misled parliament
▼ + stars: | 2023-06-19 | by ( Luke Mcgee | ) edition.cnn.com time to read: +2 min

London CNN —The UK parliament has voted to uphold a finding that Boris Johnson knowingly misled lawmakers when he said that Covid lockdown rules had been followed at all times in Downing Street while he was prime minister. The House of Commons Privileges Committee report, published last week, found that Johnson “committed a serious contempt” of parliament when he told lawmakers that rules were followed, despite revelations of illegal parties in Downing Street during a national lockdown. Many people working inside Downing Street, including Johnson and current Prime Minister Rishi Sunak, were fined by police. Not only did the committee report that Johnson had knowingly misled parliament, they also said that in giving evidence to their inquiry he had continued to misled the committee itself when he was giving evidence in his defense. Johnson would have been sanctioned with a lengthy ban from parliament and denied a pass to access the building, a right afforded to former members of parliament.

Persons: Boris Johnson, Johnson “, Johnson, Rishi Sunak, Sunak, Liz Truss Organizations: London CNN, Conservative Party Locations: Downing

The more than 100-page report detailed six events held at Downing Street, the prime minister's offices and residence. There is no precedent for a prime minister having been found to have deliberately misled the House (of Commons, lower house of parliament)." It recommended that he should not be entitled to a former member's pass, which enables most former prime ministers and lawmakers to gain automatic access to parliament. But so-called Partygate spelt the beginning of the end for his tenure as prime minister. They have also rowed this week over the former prime minister's resignation honours list.

Persons: Johnson, Boris Johnson, Rishi Sunak, Mr Johnson, Sunak, Thangam Debbonaire, Elizabeth Piper, Alistair Smout, Andrew MacAskill, Kylie MacLellan, Muvija, William James, Kate Holton, Frank Jack Daniel, Angus MacSwan Organizations: Conservatives, Downing, Street, Labour Party, Conservative Party, Thomson Locations: COVID

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